0001046292 2019-04-30 2019-04-30 0001046292 gsvit:S000009352Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009353Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009354Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009355Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009356Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009357Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009358Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009359Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009360Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009361Member 2019-04-30 2019-04-30 0001046292 gsvit:S000009362Member 2019-04-30 2019-04-30 0001046292 gsvit:S000035992Member 2019-04-30 2019-04-30 0001046292 gsvit:S000044541Member 2019-04-30 2019-04-30 2019-04-30 497 2018-12-31 GOLDMAN SACHS VARIABLE INSURANCE TRUST 0001046292 false 2020-04-03 2020-04-03 GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. N-1A GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments. GOLDMAN SACHS VARIABLE INSURANCE TRUST Supplement dated April 3, 2020 to the current Prospectuses and Summary Prospectuses for each series of Goldman Sachs Variable Insurance Trust (each, a Fund) For purposes of this supplement, references to the Fund shall refer to, and be replaced by, the Portfolio or an Underlying Fund as such defined term may be used to refer to the Fund in a Prospectus or a Summary Prospectus. Effective immediately, each Funds Prospectus and Summary Prospectus is revised as follows: The following replaces in its entirety or adds, as applicable, the Market Risk paragraphs under the SummaryPrincipal Strategy section of the Prospectuses and the Principal Strategy section of the Summary Prospectuses: Market Risk. The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, acts of terrorism, social unrest, natural disasters, the spread of infectious illness or other public health threats could also significantly impact the Fund and its investments.